Syllabus subtopic: Effects of Liberalization on the Economy, Changes in Industrial Policy and their Effects on Industrial Growth. Prelims and Mains focus: above the move and its significance; about SEZs News: Goods procured from units in special economic zones (SEZ) by single brand retailers, owned by foreign companies, would qualify for meeting the mandatory 30% local sourcing norms, the government said in a clarification. Background The statement came
27 February, 2020
Industry
Syllabus subtopic: Effects of Liberalization on the Economy, Changes in Industrial Policy and their Effects on Industrial Growth. Prelims and Mains focus: about the move to privatize Air India and its significance; about Air India News: The Union cabinet approved a proposal to let non-resident Indians (NRIs) own up to a 100% stake in Air India Ltd as the government attempts to make a success of its second attempt to completely privatize the debt-laden airline.
05 March, 2020
Industry
Industrial revolution 4.0 Part of: GS Prelims and GS-III- Economy (PT-MAINS-PT) Technology forms the subtext of human development. History is loaded with instances of technology serving as catalyst in the grand narrative of human development. From basic necessities like food, air, water, clothing and shelter, to structural requirements like security technology has played a tremendous role in every field of human growth and survival. Invention of the transistor: Around the year 19
12 April, 2020
Industry
Rural Industries – MSME ACT – MGNREGA Part of: GS-III- Energy/Industries (PT-MAINS-PERSONALITY TEST) Rural industrial activities can be divided into the following three categories: small-scale cottage activities, medium-scale village enterprises, and large-scale rural industries. This classification can be carried out on the basis of the following criteria: Location; ownership; labour source and organization; complexity of technology used; scale of producti
16 April, 2020
Industry
Context: When the country was struggling hard with deadly Corona virus, Khadi and Village Industries Commission (KVIC), an autonomous body under Ministry of MSME, in collaboration with its Khadi Institutions (KIs) in Tamil Nadu has discharged its responsibility once again by purchasing cocoons from cocoon farmers. The main objectives of KVIC was to help the cocoon farmers struggling to sell their crop due to lock down pandemic outbreak and secondly to ensure continuous supply of Cocoons
24 April, 2020
Industry
NDMA ISSUES guidelines for restarting industries post lockdown Part of: GS-III- Economy (PT-MAINS-PERSONALITY TEST) In its guidelines, NDMA said state governments will ensure that off- site diaster management plan of the respective major Accidental Hazard units are up to date and preparedness to implement them is high. Important points All the responsible officers of the district will ensure that the industrial on- Site Disaster Management Plans are also in place and cover Standa
11 May, 2020
Industry
CHAMPIONS portal Introduction In a major initiative Union Ministry of MSME has launched CHAMPIONS portal. About CHAMPIONS portal CHAMPIONS portal is a Technology driven Control Room-Cum-Management Information System. The system utilising modern ICT tools is aimed at assisting Indian MSMEs march into big league as National and Global CHAMPIONS. The CHAMPIONS stands here for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength
13 May, 2020
Industry
IEM (Industrial Entrepreneur Memorandum) Context Applications for IEM/IL under I(D&R) Act, 1951 are currently accepted through the IEM portal at https://services.dipp.gov.in. Through this portal, applications for acknowledgement of IEM – Part A (for establishment of business) and IEM – Part B (upon commencement of commercial production) are filed online by entrepreneurs of prescribed industrial undertakings. (1) What is an IEM (Industrial Entrepreneur Memorandum)
05 June, 2020
Industry
Limited Liability Partnership About: What is it? LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. Hence LLP is called a hybrid between a company and a partnership. Legislation in India All limited liability partnership is governed under the limited liability partnership act of 2008. The Corporate Affairs Ministry implements the Act. LLP vs Traditional partnership firm: Under &
05 June, 2020
Industry
Federation of Indian Chambers of Commerce and Industry (FICCI) Context With a view to achieve atmanirbharata in the Coal sector, the Ministry of Coal in association with FICCI is launching the process for auction of 41 coal mines under the provisions of CM (SP) Act and MMDR Act. This auction process marks the beginning of opening of Indian coal sector for commercial mining. It will enable the country achieve self-sufficiency in meeting its energy needs and boost industrial development. The
18 June, 2020
Industry
National Productivity Day The National Productivity Council is observed 12th February as National Productivity Day, and till 18th February National Productivity Week. "Industry 4.0 Leapfrog Opportunity for India” is the theme of the National Productivity Week -2018. Industry 4.0 is characterized by the increasing digitization and interconnection of products, value chains and business models. National Productivity Council (NPC) NPC is a mission oriented apex, autonomous a
17 June, 2020
Industry
Core’s contraction: On slowing economy Context # Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Core Sector Data # Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing double-digit drops. # Except fert
03 July, 2020
Industry
For a different yardstick: on 'Doing Business' report Context: The article examines the need to revamp the World Bank’s ‘Doing Business’ survey to make it more comprehensive. The World Bank has decided to halt its annual ‘Doing Business’ report on data authenticity issues. ‘Doing Business’ index: The doing business index estimates the cost to business from regulations. Erratic procedures and delays hamper business in India a
15 September, 2020
Industry
Exploiting the Chinese exit Context: The article analyzes the economic opportunities which have opened up for India post the Chinese app ban in India. The Chinese app ban in India: The government in September 2020 banned 118 applications — a majority being Chinese, on grounds of national security and sovereignty threat posed by these apps. In June 2020, the government had banned 59 Applications on similar grounds. India has additionally blocked Chinese companies fro
14 September, 2020
Industry
Needed, a policy framework in step with technology Context As technology has evolved in the latter part of the 20th century and the early part of the 21st century, the traditional boundaries between goods and services have blurred. By virtue of Moore’s law, computing capabilities have surged faster than capabilities in traditional industries. These information-based technologies have been widely adopted across a broad range of industries and products that traditionally have
17 November, 2020
Industry
Core Industries, IIP and Annual Survey of India What is in the news? Output from India’s eight core sectors hit a three-month low in November, contracting 2.6% in the festive month with coal, fertilizers and electricity the only sectors to record positive growth on a year-on-year basis, suggesting the economy is still not out of the woods. The good news is that the Index of Eight Core Industries was revised upwards for both August and October, based on updated data inputs re
01 January, 2021
Industry
Procurement Schemes in India: Government e-Marketplace The Finance Ministry has drafted a model tender document for public procurement by all central government departments, in a bid to standardise the language and clauses included, and avoid contractual disputes. Public procurement refers to the purchase of goods and services by the public sector or the government, accounting for an average 15% of GDP globally. In India, government procurement is estimated to constitute about 30% of GDP
10 January, 2021
Industry
19 July, 2019
Industry
21 November, 2019
Industry
26 November, 2019
Industry
28 November, 2019
Industry
28 January, 2020
Industry
10 February, 2020
Industry
11 March, 2020
Industry
11 March, 2020
Industry
13 March, 2020
Industry
31 March, 2020
Industry
08 April, 2020
Industry
Copyright© Aspire IAS Academy. All rights reserved. Powered by CLT Technologies & Edu-Publishers Private Limited.